Check your Free Credit Score Online

How can I improve my credit score

How can I improve my credit score

It is possible to undertake these steps in a short period of time and see a positive effect on your score

How can I improve my credit score

It is important to remember that there is no instant quick-fix for increasing your credit score overnight or in a couple of weeks. However, it is possible to significantly improve your score in a short timeframe by following the tips listed below. It is also good to periodically check your credit score so that you remain updated on your credit health.

1.Obtain your credit report right away: The simplest and quickest thing you can do is to ask the credit bureau for a copy of your credit report and check your credit score. Look for reporting errors that might be unnecessarily dragging down your score. (e.g. a loan you might have repaid in full but is still shown as having overdue payments.) Once you identify any errors, you should file a dispute resolution with the bureau to rectify the matter immediately. Removing wrong entries on your report will improve your credit score.

2.Ask for a higher limit on your credit card: If you spend more than 30% of your total credit card limit across all your existing cards on a monthly basis, it will decrease your score. Ask for a higher limit and maintain or reduce your current monthly expenditure so that you use less than 30% of your new limit. This will increase your score right away. There is no point in getting a higher limit and then spending more than usual – this will have a reverse effect and only cause your score to drop further.

3.Keep your credit card balance low: Try and maintain a low balance across your cards. A higher credit limit gives you more flexibility to make payments and keep your balances low. This will help your credit score.

4.Set up payment reminders: This will help you avoid missing payment deadlines and ensure your score does not drop because of this reason. Repayment history can account for up to 30% of your credit score so it is very important to make sure all your repayments are on time and made in full. Your bank can send you a monthly email or SMS reminder or you can have the monthly balance paid automatically from your bank account.

It is possible to undertake all these steps in a short period of time and see a positive effect on your score. You could also use a secured card to improve your score. CreditMantri can help with all of the actions above and will guide you through the process of improving your credit score and becoming loan-eligible.

Comments (9)

Commented on 17, February , 2016



Commented on 16, February , 2016

Amazing tips... Thanks

YogeshFirst Name

Commented on 15, February , 2016

Thank you


Commented on 5, February , 2016

Thanks for advise.

Commented on 31, December , 2015

Useful Tips ...

Commented on 17, December , 2015


Commented on 20, October , 2015


Commented on 4, September , 2015

Good One.

Commented on 25, August , 2015

Good Article

Check your Free Credit Score Online

As part of our efforts to make the end consumer services affordable and available at price points which are favourable to the customer, CreditMantri may receive fees / commissions from lenders.

CreditMantri ™ is a registered trademark of CreditMantri Finserve Private Limited. All Rights Reserved. Product name, logo, brands, and other trademarks featured or referred to within Credit Mantri are the property of their respective trademark holders.

CreditMantri was created to help you take charge of your credit health and help you make better borrowing decisions. We support customers with every kind of credit profile - those who are new to credit and have a minimal or nonexistent record; those who have a problematic history; and those who already enjoy a healthy profile. If you are looking for credit, we will make sure you find it, and ensure that it is the best possible match for you. How do we help you? We enable you to obtain your credit score instantly, in real time. We get your Credit Score online and provide a free Credit Health Analysis of your CIBIL or Equifax report. Based on the analysis, we help you discover loans and credit cards best suited for your credit profile. We help you understand your Credit Information Report (CIR) and offer practical and personalized recommendations, tailored to help you improve your score and become loan-eligible. We are a one-stop shop for all your credit needs. We make it easy for you to browse through and compare the various financial products on offer on the market; access our free and user-friendly online tools; and finally, enjoy a stress-free application process with quick approvals. We ensure that you have a high probability of being approved for the loan or credit card you apply for as we only suggest products pre-matched to your profile. We help you avoid loan rejection by carefully determining your eligibility and matching you with the right lender/product. We achieve this with a cutting edge combination of data science, technology and credit management that ensures that both lenders and borrowers have a transparent common platform to make their decisions. We treat your data with the utmost confidentiality and will never share or sell it to anyone. That is our CreditMantri guarantee. Our dedicated and best-in-class customer service will go the extra mile (or two) to support you on every step of your credit journey. Our 4,20,000 happy customers are our best testimonial.

CreditMantri is India’s No. 1 site for Credit Analysis and Free Credit Score Online. Let us help you take control of your credit goals and unlock the door to your financial freedom.